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Podcast: Navigating crude markets: Q4 predictions and a return to fundamentals

Sparta Market Outlook - 17 October 2024.
Published16 OCT 24 - 22:00 Reading time  minutes

Listen now: https://www.spartacommodities.com/insights/navigating-crude-markets-q4-predictions-and-a-return-to-fundamentals/

In this episode of the Sparta Market Outlook podcast, Felipe is joined by Neil Crosby, Jorge Molinero, and Phil Jones Lux to discuss the latest trends in the crude oil and refined products markets. The team revisits their earlier predictions for Q4, evaluating how recent geopolitical events, especially concerning Iran, have influenced market dynamics.

The team explores why gasoline has been outperforming diesel cracks, diverging from earlier expectations. The role of supply and demand dynamics, and how trends in stocks, freight rates, and arbitrage flows have shifted the landscape. Despite bullish signals for gasoline, the team remains cautious, noting potential pressure from bearish crude and distillate markets.

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Topics Cross Barrel
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